Risk sentiment that boosted Asian markets weakened in European hours as investors weighed China’s better-than-forecast trade data against the threat of a reduction in central-bank support.
Futures on the S&P 500 and Nasdaq 100 indexes slipped as the U.S. markets reopened after the Labor Day holiday. Equity gains in China and Japan were followed by losses in Europe as investors speculated euro-zone policy makers may get ready to roll back stimulus. Vertex Pharmaceuticals fell in premarket trading after Morgan Stanley downgraded the stock.
"asian" - Google News
September 07, 2021 at 05:12AM
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Stocks, U.S. Futures Erase Gains After Asian Rally: Markets Wrap - Bloomberg
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